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Trading Information

2019 2018 2017
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.39 0.36 0.47
Value Traded (JD) 3,044,902 1,221,499 2,030,308
No. of Shares Traded 7,828,012 2,807,780 3,766,490
No. of Transactions 4,985 2,550 3,933
No. of Subscribed Shares 9,000,000 9,000,000 9,000,000
Market Capitalization (JD) 3,510,000 3,240,000 4,230,000
Fiscal Year Ended 31/12/2019 31/12/2018 31/12/2017

Assets (JD)

2019 2018 2017
Cash on Hand & at Banks 1,826 175,295 305,463
Notes Receivable 0 0 0
Short Term Investments 0 0 0
Inventory 3,884,928 4,361,032 5,069,434
Spare Parts 541,456 624,622 574,064
Total Current Assets 7,361,148 9,505,089 10,401,405
Long Term Investments 21,000 21,000 21,000
Fixed Assets, Net 4,271,220 4,484,371 4,381,730
Lands 810,271 810,271 810,271
Projects in Progress 0 0 0
Total Fixed Assets 5,081,491 5,294,642 5,192,001
Other Assets 185,484 0 0
Total Assets 12,649,123 14,820,731 15,614,406

Liabilities (JD)

2019 2018 2017
Credit Banks 861,255 2,236,180 2,662,603
Short Term Loans 0 0 0
Accrued Part of Long Term Loans 0 0 0
Total Current Liabilities 2,166,369 3,718,836 4,559,235
Long Term Loans & Notes Payable 0 0 0
Corporate Bonds 0 0 0
Other Liabilities 44,992 0 0
Total Liabilities 2,211,361 3,718,836 4,559,235

Shareholders Equity (JD)

2019 2018 2017
Authorized Capital 9,000,000 9,000,000 9,000,000
Subscribed Capital 9,000,000 9,000,000 9,000,000
Paid in Capital 9,000,000 9,000,000 9,000,000
Compulsory Reserves 1,532,461 1,532,461 1,527,007
Voluntary Reserve 350,564 350,564 350,564
Other Reserves 0 0 0
Issuance Premium 0 0 0
Issuance Discount 0 0 0
Treasury Stocks 0 0 0
Cash Dividends 0 0 0
Stock Dividends 0 0 0
Accumulated Change in Fair Value 0 0 0
Retained Earnings -445,263 218,870 177,600
Total Shareholders Equity 10,437,762 11,101,895 11,055,171
Non-controlling Interest 0 0 0
Total Liabilities & Shareholders Equity 12,649,123 14,820,731 15,614,406

Income Statement (JD)

2019 2018 2017
Operating Revenues 4,826,354 8,427,620 8,937,906
Operating Expenses 4,923,448 7,759,113 8,192,791
Gross Profit -97,094 668,507 745,115
General and Administrative Expenses 395,866 415,668 422,362
Selling and Distribution Expenses 0 0 0
Depreciation (Period) 299,484 281,022 283,908
Other Operating Expenses 0 0 0
Net Operating Income -492,960 252,839 322,753
Other Revenues 0 0 5,174
Other Expenses 0 0 0
Income Before Interest & Tax -492,960 252,839 327,927
Interest Expenses 154,545 198,295 115,470
Net Income Before Tax -647,505 54,544 212,457
Income Tax (Period) 0 7,820 29,219
Income Tax (Previous Years) 16,628 0 0
Universities and Research Train Fees 0 0 0
Board of Directors Remuniration 0 0 0
Net Income -664,133 46,724 183,238
Non-controlling Interest 0 0 0
Net Income Pertains to Shareholders -664,133 46,724 183,238

Cash Flow (JD)

2019 2018 2017
Cash Balance (Beginning) 175,295 305,463 152,902
Net Cash Flow from (Used in) Operating Activities 1,291,871 679,918 -89,265
Net Cash Flow from (Used in) Investing Activities -64,665 -383,663 -171,283
Net Cash Flow from (Used in) Financing Activities -1,400,675 -426,423 413,109
Cash Balance (Ending) 1,826 175,295 305,463

Financial Ratios

2019 2018 2017
Turnover Ratio % 86.978 31.198 41.850
Earning Per Share (JD) -0.074 0.005 0.020
Dividend Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 1.160 1.234 1.228
Price Earnings Ratio (Times) -5.285 69.343 23.085
Dividend Yield % 0.000 0.000 0.000
Dividend Per Share to Earning Per Share % 0.000 0.000 0.000
Price to Book Value (Times) 0.336 0.292 0.383
Gross Margin % -2.012 7.932 8.337
Margin Before Interest and Tax % -10.214 3.000 3.669
Profit Margin % -13.761 0.554 2.050
Return On Assets % -5.250 0.315 1.174
Return On Equity % -6.363 0.421 1.658
Debt Ratio % 17.482 25.092 29.199
Equity Ratio % 82.518 74.908 70.801
Interest Coverage Ratio (Times) -3.190 1.275 2.840
Total Assets Turnover (Times) 0.382 0.569 0.572
Fixed Assets Turnover (Times) 0.950 1.592 1.722
Working Capital Turnover (Times) 0.929 1.457 1.530
Current Ratio (Times) 3.398 2.556 2.281
Working Capital (JD) 5,194,779.000 5,786,253.000 5,842,170.000